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EXPANDING THE NATIONAL FLOOD INSURANCE PROGRAM TO COVER COASTAL EROSION DAMAGE

Andrew G. Keeler, Warren Kriesel and Craig Landry ()

No 21818, 2000 Annual meeting, July 30-August 2, Tampa, FL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The National Flood Insurance Program does not currently cover damage strictly attributable to coastal erosion. This paper uses the results of a nationwide survey of coastal property owners to estimate the demand for such insurance. We find that there is significant demand at prices in the range of current flood insurance premiums. Demand is influenced in the hypothesized way by increased measures of erosion risk as well as by insurance price and income.

Keywords: Land Economics/Use; Risk and Uncertainty (search for similar items in EconPapers)
Pages: 25
Date: 2000
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http://ageconsearch.umn.edu/record/21818/files/sp00ke01.pdf (application/pdf)

Related works:
Journal Article: Expanding the National Flood Insurance Program to Cover Coastal Erosion Damage (2003) Downloads
Journal Article: Expanding the National Flood Insurance Program to Cover Coastal Erosion Damage (2003) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea00:21818

DOI: 10.22004/ag.econ.21818

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